Accounts Submission

ACADEMY OF IDEAS LTD - Company Information

Company Accounts and Tax Online 03953146 Board of Directors 1.4.22 31.3.23 31.3.23 No description of principal activity false iso4217:GBP xbrli:pure 03953146 2021-04-01 2022-03-31 03953146 2023-03-31 03953146 2022-04-01 2023-03-31 03953146 2022-03-31 03953146 countries:EnglandWales 2022-04-01 2023-03-31 03953146 curr:PoundSterling 2022-04-01 2023-03-31 03953146 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03953146 uk-bus:FRS102 2022-04-01 2023-03-31 03953146 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03953146 uk-bus:AbridgedAccounts 2022-04-01 2023-03-31 03953146 uk-bus:RegisteredOffice 2022-04-01 2023-03-31 03953146 uk-bus:Director1 2022-04-01 2023-03-31 03953146 uk-bus:Director1 2022-04-01 03953146 uk-bus:Director1 2023-03-31 03953146 core:AfterOneYear 2023-03-31 03953146 core:AfterOneYear 2022-03-31 03953146 core:WithinOneYear 2023-03-31 03953146 core:WithinOneYear 2022-03-31 03953146 core:WithinOneYear 2022-04-01 2023-03-31 03953146 core:AfterOneYear 2023-03-31 03953146 core:AfterOneYear 2022-03-31 03953146 core:AfterOneYear 2022-04-01 2023-03-31 03953146 core:ShareCapital 2023-03-31 03953146 core:ShareCapital 2022-03-31 03953146 core:RevaluationReserve 2023-03-31 03953146 core:RevaluationReserve 2022-03-31 03953146 core:RetainedEarningsAccumulatedLosses 2023-03-31 03953146 core:RetainedEarningsAccumulatedLosses 2022-03-31 03953146 1 2022-04-01 2023-03-31

Company Registration Number:
03953146 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

Contents of the Financial Statements

for the Period Ended 31 March 2023


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Claire Fox

This report was approved by the board of directors on 28 December 2023
And Signed On Behalf Of The Board By:

Name: Claire Fox
Status: Director

Profit and Loss Account

for the Period Ended 31 March 2023

	2023 £	2022 £
Gross Profit or (Loss)	( 6,696 )	( 85,920 )
Income from coronavirus (COVID-19) business support grants	0	0
Distribution Costs	( 0 )	( 0 )
Administrative Expenses	( 38,854 )	( 61,387 )
Operating Profit or (Loss)	( 45,550 )	( 147,307 )
Interest Receivable and Similar Income	60	196
Interest Payable and Similar Charges	( 0 )	( 0 )
Profit or (Loss) Before Tax	( 45,490 )	( 147,111 )
Tax on Profit	( 0 )	( 0 )
Profit or (Loss) for Period	( 45,490 )	( 147,111 )

The notes form part of these financial statements

Balance sheet

As at 31 March 2023

	Notes	2023 £	2022 £
Fixed assets
Intangible assets:	4	0	0
Tangible assets:	5	0	0
Total fixed assets:		0	0
Current assets
Stocks:		500	500
Debtors:		72,492	156,002
Cash at bank and in hand:		165,349	134,601
Total current assets:		238,341	291,103
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:		( 57,541 )	( 65,712 )
Net current assets (liabilities):		180,800	225,391
Total assets less current liabilities:		180,800	225,391
Creditors: amounts falling due after more than one year:		( 0 )	( 0 )
Provision for liabilities:		( 0 )	( 0 )
Accruals and deferred income:		( 899 )	( 0 )
Total net assets (liabilities):		179,901	225,391

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2023

	Notes	2023 £	2022 £
Capital and reserves
Called up share capital:		10,300	10,300
Revaluation reserve:	6	0	0
Profit and loss account:		169,601	215,091
Shareholders funds:		179,901	225,391

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 December 2023
And Signed On Behalf Of The Board By:

Name: Claire Fox
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

	2023	2022
Average number of employees during the period	6	6

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Intangible assets

	Total
Cost	£
At 01 April 2022	0
Additions	0
Disposals	(0)
Revaluations	0
Transfers	0
At 31 March 2023	0
Amortisation
Amortisation at 01 April 2022	0
Charge for year	0
On disposals	(0)
Other adjustments	0
Amortisation at 31 March 2023	0
Net book value
Net book value at 31 March 2023	0
Net book value at 31 March 2022	0

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible Assets

	Total
Cost	£
At 01 April 2022	4,753
Additions	0
Disposals	(0)
Revaluations	0
Transfers	0
At 31 March 2023	4,753
Depreciation
At 01 April 2022	4,753
Charge for year	0
On disposals	(0)
Other adjustments	0
At 31 March 2023	4,753
Net book value
At 31 March 2023	0
At 31 March 2022	0

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Revaluation reserve

	2023 £
Balance at 01 April 2022	0
Surplus or deficit after revaluation	0
Balance at 31 March 2023	0

Director:		Claire Fox


Registered office:		Second Floor 5-8 The Sanctuary London GBR SW1P 3JS


Company Registration Number:		03953146 (England and Wales)

Accounts Submission